Authoritative literature provides guidance for hedges of the following sources of foreign exchange risk.I. Recognized foreign currency denominated assets and liabilities.II. Unrecognized foreign currency firm commitments.III. Forecasted foreign currency denominated transactions.
A) I only
B) I and II
C) II only
D) II and III
E) I, II, and III

Question

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Authoritative literature provides guidance for hedges of all the listed sources of foreign exchange risk: recognized foreign currency denominated assets and liabilities, unrecognized foreign currency firm commitments, and forecasted foreign currency denominated transactions.

Authoritative Literature Provides Guidance for Hedges of the Following Sources